Forecasting Palm Oil Price Movements In Malaysia: Empirical Evidence from the Malaysian Palm Oil Futures Market.
Amran, Zulfathi (2010) Forecasting Palm Oil Price Movements In Malaysia: Empirical Evidence from the Malaysian Palm Oil Futures Market. [Dissertation (University of Nottingham only)] (Unpublished)
The palm oil industry is one of the main commodity industries in South East Asia. This is the case for the two main producers and exporters of crude palm oil in the world, Malaysia and Indonesia, and thus there is an importance placed on the trading of the commodity in Malaysia, especially for hedging purposes for the producers. This is because; the main use of the product is for exporting purposes rather than for consumption, and thus it is important if there is a tool that the producers or traders can use to forecast the crude palm oil price movements and take actions accordingly to minimize their risk exposure. Yet, majority of the traders in Malaysia do not use the crude palm oil futures when hedging, and used the other commodities such as soy bean, which will then expose them to the problems associated with cross hedging.
Actions (Archive Staff Only)